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Thanks for the link, it was really interesting. But what is the iron law exactly?
by warinukraine 4y ago
Thanks for the link, it was really interesting. But what is the iron law exactly?
- cavisne 4y agothe perception/meme that krugman is always wrong as exactly the wrong time (a similar meme exists for Cramer).
- djbusby 4y agoIt's Jim Cramer from CNBC (USA media) for those out of the loop.
- nairboon 4y agoYes, sell whatever Cramer tells you to buy, to make bank.
- warinukraine 4y agoGot it. But he is wrong? No one expects an economic argument to call the exact bottom to the date. If the sterling keeps weakening for two weeks more, I'll call him wrong. The other things he said, about the foreign debts and the likelihood of not paying, seem obviously correct to me.